Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

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Discover Financial Services (NYSE:DFS) Frequently Asked Questions

What is Discover Financial Services' stock symbol?

Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS."

How often does Discover Financial Services pay dividends? What is the dividend yield for Discover Financial Services?

Discover Financial Services announced a quarterly dividend on Thursday, January 17th. Stockholders of record on Thursday, February 21st will be given a dividend of $0.40 per share on Thursday, March 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Wednesday, February 20th. View Discover Financial Services' Dividend History.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services announced that its Board of Directors has authorized a stock repurchase program on Thursday, July 19th 2018, which allows the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 11.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) announced its earnings results on Thursday, January, 24th. The financial services provider reported $2.03 EPS for the quarter, missing analysts' consensus estimates of $2.09 by $0.06. The financial services provider earned $2.81 billion during the quarter, compared to analysts' expectations of $2.81 billion. Discover Financial Services had a return on equity of 26.22% and a net margin of 21.25%. Discover Financial Services's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.51 earnings per share. View Discover Financial Services' Earnings History.

When is Discover Financial Services' next earnings date?

What price target have analysts set for DFS?

14 analysts have issued 12 month price targets for Discover Financial Services' shares. Their predictions range from $74.00 to $91.00. On average, they expect Discover Financial Services' stock price to reach $81.8408 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

What is the consensus analysts' recommendation for Discover Financial Services?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discover Financial Services.

Media stories about DFS stock have been trending somewhat positive on Thursday, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Discover Financial Services earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Which major investors are buying Discover Financial Services stock?

DFS stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Principal Financial Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, Squarepoint Ops LLC, Bank of Montreal Can, APG Asset Management N.V. and Eaton Vance Management. Company insiders that have bought Discover Financial Services stock in the last two years include Michele Marrandino and Roger C Hochschild. View Insider Buying and Selling for Discover Financial Services.

How do I buy shares of Discover Financial Services?

Shares of DFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Discover Financial Services' stock price today?

One share of DFS stock can currently be purchased for approximately $72.42.

How big of a company is Discover Financial Services?

Discover Financial Services has a market capitalization of $23.78 billion and generates $12.85 billion in revenue each year. The financial services provider earns $2.74 billion in net income (profit) each year or $7.79 on an earnings per share basis. Discover Financial Services employs 16,600 workers across the globe.

MarketBeat's community ratings are surveys of what our community members think about Discover Financial Services and other stocks. Vote "Outperform" if you believe DFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DFS will underperform the S&P 500 over the long term. You may vote once every thirty days.